Cost Management Specialist

We are seeking a proactive Cost Management Specialist to join our dynamic team on a 12-month fixed-term contract. Reporting to Head of Strategic Sourcing Management and collaborating closely with our Technical, Strategic Sourcing, and Tactical Buying teams, this role is key to managing and mitigating cost trends across our supplier base.

We are currently hiring two 12 month fixed term contracts.

Key responsibilities include:

1. Monitor CRO and BER cost trends, addressing cost creep with corrective actions.

2. Identify opportunities to reduce costs through Alternate Technical Data (ATD) solutions or alternate suppliers.

3. Perform AUC (Average Unit Cost) analysis to pinpoint discrepancies and improvement areas.

4. Manage Contract Remedies Recovery to recover costs via contracts or other enablers (e.g., Airbus SSC).

5. Ensure compliance with contracts by processing KPIs and conducting contract audits.

6. Review market trends and negotiate cost optimizations against repair price levels.

7. Collaborate with internal teams to identify strategic partners and manage cost-saving initiatives.

8. Investigate root causes of cost deviations and implement corrective measures.

9. Develop tools and processes for tracking contract remedies, cost trends, and compliance.

10. Support Tactical Buying and Expediting in sourcing ATD alternatives to minimize costs.

Essential:

1. Strong analytical skills with a strategic mindset for problem-solving.

2. The ability to proactively identify trends from data and work to develop solutions

3. Collaborative team player who promotes synergy and shares best practices.

4. Resilient and committed, with the drive to overcome challenges.

5. Confident communicator, comfortable engaging with all organizational levels.

6. Solution-oriented, identifying and addressing key challenges proactively.

Preferred:

1. Experience of evaluation supplier repair cost quotes to identify cost compliance and deviations

2. Proactive and forward-thinking, with a focus on continuous improvement.

What's in it for you?

Enjoy a monthly team fun budget and support community causes through charity events. Join our vibrant social scene with company-run events and experience a stunning work environment at our state-of-the-art HQ, complete with an onsite gym, bike-for-work scheme, delicious restaurant, discretionary bonus and healthcare.

🏠 Not local to our state-of-the-art HQ? Don't worry. Relocation support packages are available to make your move to the area easier.

🧑‍🤝‍🧑 Inclusive recruitment process; let us know about any reasonable adjustments needed.

🌎 AJW Group promotes diversity and equal opportunities.

📝 DBS background check may be required for successful candidates.

See for yourself what it's like to work at AJW Group:

AJW Group is an equal opportunities employer to provide a diverse and inclusive environment. We encourage suitably qualified applications regardless of race, disability, age, sex, marital status, veteran status, pregnancy and maternity, sexual orientation, gender reassignment, and religion or belief. We are a culture that celebrates success on merit.

To recruitment agencies: AJW Group will not accept unsolicited or speculative agency CV’s and will not be responsible for any fees related to unsolicited CVs.